Question: Please answer every part. There are 7 parts. Please make sure to answer them full and correctly for a good review. 5.00 points The contribution




Please answer every part. There are 7 parts. Please make sure to answer them full and correctly for a good review.
5.00 points The contribution format income statement for Huerra Company for last year is given below. Unit Tota 4,000,000 80.00 Sales Variable expenses 2,800,000 56.00 Contribution margin 200,000 24.00 Fixed expenses 840,000 16.80 Net operating income 360.000 7.20 Income taxes 30% 108,000 252,000 5.04 Net income The company had average operating assets of $2,000,000 during the year. Required: 1. Compute the company's return on investment (ROI) for the period using the ROI formula stated in terms of margin and turnover. (Round your answers to 2 decimal place.) Margin 9.00 2.00 times Turnover 18.00 ROI
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